Mortgage and Financial News From 2010-7-10 Page 01
Previous Day: 2010-07-09
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Number of the Week: Euro Zone Debt Is Coming Due
Many European banks have sought to sweep their problems under the carpet in the hopes that they could solve them in a more profitable future. Now, though, theyre running out of time with $1.65 trillion of euro zone bank debt coming due in 2010 and 2011.
2010-07-10 04:21:30 -
Heavy burden on taxpayers
ROANOKE RAPIDS When the city of Roanoke Rapids terminated its lease-purchase agreement with Lafayette Gatling for the Roanoke Rapids Theatre, a matter now heading toward litigation, the citys taxpayers took on the full burden of financing the venue. While many know the theater is expensive, some may not know just how much the city is paying as part of the new budget, which started July 1.
2010-07-10 06:38:28 -
Bank: Lawyer kept mortgage funds
An Edgewood lawyer who acts as the title agent for Fifth Third Bank mortgages is accused of keeping more than $1.1 million and the bank wants it back.
2010-07-10 08:08:59 -
5 Chicago beaches under swim bans
CHICAGO (AP) -- The summer weather may seem like a perfect time to head to Lake Michigan, but officials have issued a swimming ban for five Chicago beaches.
2010-07-10 11:43:16 -
Associated Press Writer
CARBONDALE, Ill. (AP) -- An Illinois professor whose congressional testimony about unintended acceleration of certain Toyota vehicles caused a firestorm that his university scrambled to handle amid the automaker's recall.
2010-07-10 12:13:16 -
'Transformers 3' filming in downtown Chicago
CHICAGO (AP) -- Die-hard fans of the Transformers movie franchise may have to spend some time in Chicago. Crews filming for "Transformers 3" plan to be in parts of the city until the end of August.
2010-07-10 12:43:16 -
NC man dies days after shootout with robbers
CHAPEL HILL, N.C. (AP) - A North Carolina man wounded in a shootout with robbers at the convenience store where his wife worked has died. The Moore County sheriff's office told multiple media outlets that 78-year-old Angus Eugene Kelly died Friday at UNC Hospitals in Chapel Hill.
2010-07-10 12:56:02 -
NC judge wants investigation of former prosecutor
WINSTON-SALEM, N.C. (AP) - A judge wants the North Carolina Bar to investigate a former prosecutor after the judge said his testimony in a convicted killer's appeal was not credible.
2010-07-10 01:41:04 -
Trial delay for IL man charged with killing family
WATERLOO, Ill. (AP) -- A judge has delayed until next year the trial of a southwestern Illinois man charged with strangling his wife and two sons. St. Clair County Circuit Judge Milton Wharton posted an Oct. 25 trial date until January or February Christopher Coleman.
2010-07-10 01:58:16 -
Police: 1 dead in suburban Chicago bank robbery
BROOKFIELD, Ill. (AP) -- Authorities say a man working at a liquor store in suburban Chicago was killed during an armed robbery. Police were called to Phoenix Liquors in Brookfield around 10:30 p.m. on Friday.
2010-07-10 02:28:16 -
DeWitt County bond refinancing could save $8,000 a year
CUERO - DeWitt County could save about $8,000 a year during the next 13 years when it refinances certificates of obligations issued in 2003.
2010-07-10 02:39:24 -
Struggling states seeking more aid from Washington
BOSTON (AP) -- Governors hamstrung by the sluggish economic in their states are pressing anew for Washington to step up with more help, even if it means adding to the nation's red ink.
2010-07-10 02:43:16 -
Greenville police investigating assaults
1100 block Masters Lane, 3 a.m. July 4; 32-year-old man assaulted during domestic dispute with ex-girlfriend. 100 block Shiloh Drive, 2 a.m. July 3; 19-year-old woman assaulted with cutting instrument; injuries, arrest not indicated.
2010-07-10 03:52:24 -
Quinn signs into law how lt gov is chosen
SPRINGFIELD, Ill. (AP) -- Illinois is changing the way political parties select their candidates for lieutenant governor. Gov. Pat Quinn signed legislation on Saturday that requires candidates of the same party to be nominated jointly instead of letting voters pick each nominee separately.
2010-07-10 04:13:16 -
Coroner: Swimmer dies in suburban Chicago race
CRYSTAL LAKE, Ill. (AP) -- Authorities say a 58-year-old swimmer competing in a race died in the northwestern Chicago suburb of Crystal Lake. The McHenry County coroner's office identified the man as John Sloan of Lake Forest.
2010-07-10 04:43:16